SHAH ALAM: Top Glove Corp Bhd says the plan to buy surgical glove maker Aspion Sdn Bhd for at least RM1.3bil will boost the group’s profits by a fifth in the financial year ending Aug 31, 2018 (FY18) and accelerate the group’s expansion into the highly lucrative segment of the market.

PETALING JAYA: The recent RM1.47bil worth of contracts secured by Sapura Energy Bhd’s units may have sparked some optimism for the oil and gas firm since the exit of second-largest shareholder Tan Sri Mokhzani Mahathir, but this is not reflected in several research reports, as near-term headwinds still persist.

KUALA LUMPUR: Guocoland (M) Bhd, the property arm of Hong Leong Group, wants to beef up its landbank in Greater Kuala Lumpur in order to become a renowned property company and brand in the next five years.